Britain Financial News

14.11 / 16:23

Provident Platform BBC President show country What is Cyprus Confidential?

Cyprus Confidential is an eight-month collaboration by more than 270 journalists and 69 media organisations in 55 countries, to investigate a huge trove of leaked documents from companies that administer shell companies, in Cyprus and other jurisdictions typically used by companies wanting secrecy.

14.11 / 16:03

Pfizer vaccine 500 Pfizer to cut 500 jobs in UK

(Reuters) — Pfizer (NYSE:PFE) will cut 500 jobs at its Sandwich, Kent site in the U.K. as part of a cost-cutting effort, the drugmaker said on Tuesday.

14.11 / 15:57

CEO pandemic travelers Department Colleges International International students have returned to US colleges, fueled by a surge from India

International students attended U.S. universities in surging numbers last year, rebounding from a pandemic slump with the help of a 35% jump in students coming from India

14.11 / 15:57

Platform ByteDance TikTok country social Nepal bans TikTok and says it disrupts social harmony

Nepal’s government has decided to ban the popular social media app TikTok, saying it was disrupting “social harmony” in the country

14.11 / 15:57

Target BLOCK President information travelers Department prevention us sanctions A third round of US sanctions against Hamas focuses on money transfers from Iran to Gaza

The United States says it has imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers

14.11 / 15:44

business Adoption wallet applications Uniswap Android Mobile Wallet Uniswap launches Android wallet app with built-in swap function

Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.

14.11 / 15:33

regulation UK Treasury Investment Trust House of Lords questions FCA's ability to 'protect market stability'

Current EU cost disclosure rules, known as PRIIPS, have caused investment trust charges to appear artificially expensive, deterring investment in various areas, particularly battery storage, wind and solar farms.

14.11 / 15:33

People moves Foresight Group exits Foresight Group fund manager Mark Brennan exits firm

Brennan joined Foresight in 2017 as an investment manager, before becoming senior investment manager, director and then partner in 2021.

14.11 / 15:33

companies Aum Fundsmith Equity fundsmith Terry Smith's payout slips to £31m as Fundsmith assets and profits slide

The firm’s flagship fund, Fundsmith Equity, held £23.9bn in assets at the end of September, down from a peak of about £28.8bn in December 2021, according to data from FE fundinfo.

14.11 / 15:33

FIVE Citizens Williams track country social classical William Watson: Alberta should take a 'random' walk out of the CPP

If you and I opened a joint savings account and, after a few years, one of us decided to pull out, the division of the remaining balance presumably would have something to do with how much each of us had put in over the years, what the return on our joint savings had been, and what it had cost to run the account (i.e., just how exorbitant the bank charges had been). And, of course, it would help a lot if at the outset we had written down the rules under which either of us could withdraw.

14.11 / 15:33

Provident economy pandemic show country Posthaste: These provinces have felt the most pain from Bank of Canada rate hikes

Looking back at the year the Bank of Canada started hiking interest rates, things looked pretty good.

14.11 / 15:19

Reuters Man Strategy BBC blues reports Is Rishi Sunak in trouble for bringing back David Cameron and ousting Suella Braverman?

Rishi Sunak's part, some others sought to remove Sunak from office before the 2025 UK general Elections. Andrea Jenkyns, a leader of the Conservative Party, submitted her "vote of no confidence letter" and said, "It is time for Rishi Sunak (also a Conservative Party leader) to go".

14.11 / 14:39

economics Federal Reserve inflation US Fed US inflation Markets begin pricing summer rate cuts as US inflation eases to 3.2% in October

Following the release of the inflation figures, markets solidified their belief the Fed had finished its hiking cycle.

14.11 / 14:39

UK People moves Andrew Griffith replaced as City minister by former HSBC executive

Former City minister Andrew Griffith (pictured)

14.11 / 13:23

Citi Progressive Extreme CEO Gap track reports 60% of businesses 'off track' to meet sustainability goals, despite consumers willing to pay 12% more: Survey

surveyed in India are "off track" to meet their sustainability goals despite the consumers are willing to change their behavior and pay more for sustainable products. To get a broad sense of environmental concerns around the world, Bain surveyed 23,000 consumers, the results underscore the growing urgency of sustainability topics.

14.11 / 11:56

stage country Mint Explainer: What does Rishi Sunak's cabinet reshuffle mean for India?

Mint breaks down the situation. On Monday, Britain’s first Asian-origin premier fired his controversial Home Secretary Suella Braverman and brought former Prime Minister David Cameron back to frontline politics as foreign minister. Observers of British politics speculate that Sunak is trying to return his government to a policy of centrist pragmatism.

14.11 / 11:56

FIVE Manufacturing Tesla country reports tax cuts elon India mulls five-year tax cuts for electric vehicles amid bid to woo Elon Musk's Tesla

Narendra Modi-led government was considering tax cuts on the import of completely built units of electric vehicles for up to five years. The policy would also allow international car manufacturers – such as Tesla – to import battery-powered vehicles on concessional duty rates if they commit to eventually building them in India. The report however indicated that a final decision was yet to be taken on the contours of the policy.

14.11 / 11:34

Browser pandemic innovations information recommendations patient medicines Drug trial changes will make UK one of world's best places for research

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14.11 / 11:34

Reuters economy Boeing Nov Browser recommendations UK wage growth cools slightly but stays near record

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14.11 / 10:49

Provident Digital CEO Gap Commerzbank CIBC Goldman Sachs and BNP Paribas lead £77.7 million investment in Fnality

The new equity will further Fnality's goal of establishing a global liquidity management ecosystem for new digital payment models in both wholesale financial markets and emerging tokenised asset markets. The lead investors were joined in the round by DTCC, Euroclear, Nomura and WisdomTree.

14.11 / 10:33

business Blockchain Funding goldman sachs Venture Capital Banks Goldman Sachs leads $95M funding round for blockchain payment firm Fnality: Report

Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.

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